July 10, 2019 / 7:49 AM / 7 months ago

Superdry chairman says 'working well' with founder Dunkerton

FILE PHOTO: A window display is seen at a Superdry store in London, Britain, March 1, 2019. REUTERS/Toby Melville/File Photo

LONDON (Reuters) - The new chairman of struggling British fashion group Superdry (SDRY.L) on Wednesday denied a newspaper report of a rift with Julian Dunkerton, the retailer’s founder, biggest shareholder and interim chief executive, saying they were “working well together”.

The Sunday Times reported that Dunkerton, who returned to the business in April, was at odds with Williams.

“I would not have taken this on if I didn’t feel I could get on with Julian,” Williams told reporters after Superdry reported a slump to an £85.4 million pretax loss for 2018-19.

“We have the normal chairman to CEO relationship ... I am there to challenge him but actually we’re working well together, we’re completely aligned on the strategy,” Williams said.

Dunkerton added: “Of course we’re both strong people, but that’s a good thing I think.”

Reporting by James Davey; editing by Michael Holden

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